Your firm has a project opportunity with the following cash flows: -$1,200,000 in Year 0, $150,000 in Year 1, $295,000 in Year 2, $875,000 in Year 3, and $390,000 in Year 4. Your firm’s WACC is 12%. What would be the IRR of the project?

A) 12%

B) 13.32%

C) 15.89%

D) 18.60%

E) There is not enough information to answer this question.

Answer rating: 100% (QA)

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